-Walgreens currently has 11+ years remaining on their initial lease with 9 (5-year) options to extend
-5% rental increases at the beginning of each option
-Located at the signalized, hard corner intersection of Narcoosee Rd and Luminary Blvd which combined average 75,900 VPD
-Located in a dense retail corridor, with numerous nearby national/credit tenants including Publix, Aldi, Chick-fil-A, Arby’s, Pet Supermarket, and more
-Close proximity to Lake Nona Middle School (1,715 students), Eagle Creek Elementary School (841 students), and Lake Nona High School (4,546 students)
-Equipped with a drive-thru
-Royal Palm Companies secured $56 million in financing for a new 320-unit Class-A apartment community scheduled to open in early 2027
-Lake Nona, referred to as “the Future of Cities” by Fortune magazine, ranks among the fastest-growing, best-selling communities in America
-More than 90,000 residents and 15,000 employees support the trade area
-$169,531 affluent average household income within a 1-mile radius